Symbols

PSL

Invesco Dorsey Wright Consumer Staples Momentum ETF·NASDAQ

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Key Stats

Assets Under Management

93.80MUSD

Fund Flows (1Y)

-2.10MUSD

Dividend Yield

0.83%

Discount/Premium to NAV

-0.08%

Shares Outstanding

830.00K

Expense Ratio

0.60%

About Invesco Dorsey Wright Consumer Staples Momentum ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?productId=ETF-PSL

Inception Date

Oct 12, 2006

Structure

Open-Ended Fund

Index Tracked

Dorsey Wright Consumer Staples Technical Leaders Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Invesco Capital Management LLC

Distributor

Invesco Distributors, Inc.

PSL provides an alternate take on US consumer staples firms. It starts its selection universe covering about 2,000 of the largest companies by market cap within the NASDAQ US Benchmark Index. The fund then follows the Dorsey-Wright Technical Leaders Indexs momentum-focused scoring scheme to narrow down its constituents to a minimum of 30. At the same time, this momentum score will also be the basis of their respective weightings. Meaning, securities that scored the highest receives greater weight in the index. This relative strength strategy aims to focus on securities performance when it comes to intermediate and long-term upward price movements as compared to a market benchmark. Index rebalancing and reconstitution occurs quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Consumer Staples Momentum ETF.